722 Terrace Avenue Indianapolis, IN $ 350,000
722 Terrace Avenue
$ 350,000
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722 Terrace Avenue

Indianapolis, IN, 46203
$ 350,000
Bedrooms4 Baths3.0 Sq 1,846

Monthly Estimate*

$ 2,417

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Single Family Home for sale in Indianapolis, IN

for $350,000 with 4 bedrooms and 3 full baths. This 1,846 square foot home was built in 1902 on a lot size of 0.08.

A beautiful home - and help making it yours. With an acceptable offer, the seller is willing to work with you on an interest-rate buydown designed to lower your monthly mortgage payment and help you take your next step with confidence, subject to lender approval and loan-program limits. Terrace Avenue feels like an open-air gallery of homes, each with its own look and story. At 722 Terrace, that individuality continues inside. Built in 1902 and beautifully renovated, this Bates-Hendricks home welcomes you with warm wood floors, high ceilings, rustic details, a spacious great room, and a wide staircase. The great room flows into the dining area and kitchen, where two-tone cabinetry, distinctive octagonal windows, and a dedicated cafe station bring personality to everyday life. Set the mood for quiet mornings or evenings with friends with speakers built into the main-level ceiling. A bedroom and full bath complete the first floor. Upstairs are three bedrooms and two full baths, including a primary suite with a custom tiled shower and double vanity. A tucked-away laundry area adds everyday convenience right where you need it. French doors from the dining area frame the backyard and open to a deck. The fully fenced yard offers room to relax or entertain, with potential to add a garage. Close to downtown Indianapolis, Fountain Square, Garfield Park, and the Pleasant Run Trail, the location offers appeal for those exploring Airbnb or short-term rental opportunities. Furniture is available for separate purchase. Come experience the character of 722 Terrace Avenue for yourself. Your new home comes with a thoughtful extra - a seller-provided home warranty.

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Single Family Active

Price

$ 350,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 6,014

Style

Dutch Colonial

Lot Size

0.08

Year Built

1902

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22128565

Features
Interior
Interior Amenities Bath Sinks Double Main High Ceilings Hi-Speed Internet Availbl Smart Thermostat Wood Work Painted
Total Fireplaces 1
Fireplace Features Living Room Non Functional
Basement (Y/N) N
Half Baths 0
Laundry Features Upper Level
Total Bedrooms 4
Main Level Bedrooms 1
Total Baths 3
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General
Heating Forced Air Gas
Cooling Central Air
Possession Closing
Appliances Dishwasher Disposal Gas Water Heater MicroHood Electric Oven Refrigerator
Patio/Porch Features Covered Deck
Architectural Style Dutch Colonial
Construction Materials Vinyl Siding
Year Built 1902
Township Center
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Marion
New Construction N
Property Type Residential
HOA N
Subdivision Name South Park
Garage Y/N N
Total Rooms 7
Full Baths 3
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 3485
Property Attached Y/N N
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Standard Status Active
Tax Lot L83
Virtual Tour https://tours.myersimaging.com/339742
Legal Description South Park L83
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Exterior
Parking Features Alley Access
Water Source Public
Foundation Details Cellar Crawl Space
Spa N
Building Area Total 1846
Lot Size Acres 0.08
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
Engel & Volkers

Broker

yekaterina.filonova@evrealestate.com

Email

Affordability Calculator

$2,919
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,417
Monthly Property Taxes
$501
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$350,000 Listed Price

Map


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722 Terrace Avenue, Indianapolis, IN, 46203 is a Single Family Home for sale at $350,000 with 1,846 sqft and a lot size of 0.08. 722 Terrace Avenue has 4 bedrooms, 3.0 baths, and was built in 1902. The property's zip code is 46203 which is in Indianapolis, IN